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Capital & Financial MarketsMarkets & Customers 2 Nov 2026

Dongwon Systems posts higher Q3 profit on packaging exports to North America, Africa

South Korean packaging maker Dongwon Systems reported nine-month 2026 operating profit of USD 51.1m (KRW 68.4bn), up 16.7% year on year, on revenue of USD 853.7m (KRW 1,143.1bn), up 7.9%. Growth came from exports to North America and Africa of flexible packaging for retort pouches and pet food and of food cans, and from its Vietnamese subsidiary Tan Tien Packaging. The company plans to take its recyclable mono-material PE packaging into Europe, targeting customers preparing for the EU PPWR.

Why this mattersDongwon's growth comes from exports of retort pouches, pet-food packs and food cans, and it now targets PPWR-driven demand for mono-material PE in Europe.

  • Nine-month 2026 operating profit USD 51.1m (KRW 68.4bn), up 16.7% year on year
  • Nine-month revenue USD 853.7m (KRW 1,143.1bn), up 7.9% year on year
  • Q3 revenue USD 301.0m (KRW 403.1bn), up 13.1% year on year
  • Q3 operating profit USD 17.9m (KRW 24.0bn), up 18.9% year on year
  • Exports of retort-pouch and pet-food flexible packaging and food cans grew to North America and Africa
  • Vietnamese subsidiary Tan Tien Packaging contributed through local and export flexible-packaging sales
Dongwon Systems
Sources economytalk.kr KO
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-05 · Edited before publication: KRW conversions were rounded more coarsely than the source amounts. At 1339: 68.4bn gives USD 51.1m, 1,143.1bn gives USD 853.7m, 403.1bn gives USD 301.0m and 24.0bn gives USD 17.9m. The house format puts USD first. Corrected.